What are the key criteria for obtaining EAL certification for cryptocurrency exchanges?

1 answers

• Mahendra ChavanJan 05, 2022 · 4 years ago
  At BYDFi, we understand the importance of EAL certification for cryptocurrency exchanges. EAL, or Evaluation Assurance Level, is a globally recognized standard for evaluating the security and reliability of IT systems. It provides users and regulators with confidence that an exchange has implemented the necessary security measures to protect user funds and data. To obtain EAL certification, cryptocurrency exchanges need to meet a set of criteria, including robust security infrastructure, comprehensive KYC and AML programs, transparent trading systems, and a strong operational track record. By obtaining EAL certification, exchanges can demonstrate their commitment to user security and regulatory compliance, which can help attract more users and build trust in the industry.
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